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PMEAC CHAIRMAN
'India may have draw $ 9 bn from forex kitty to finance CAD'India may have to draw about $ 9 billion from its foreign exchange reserves to finance current account deficit this year, PMEAC Chairman C ...
Raghuram Rajan "excellent choice" for RBI top job: C RangarajanPMEAC Chairman C Rangarajan today welcomed appointment of Raghuram Rajan as RBI Governor, saying he is an "excellent choice" to give direct...
Growth rate expected to be 6% this fiscal: RangarajanIndia's economic growth rate is expected to be at least 6 per cent in the 2013-14 fiscal, PMEAC Chairman C Rangarajan said today.
- Rs 80,000 crore Sugar industry saw bumper production this year; sees decontrol in 2013
High retail prices helped sugar industry recover costs and clear almost entire cane payments to farmers - worth Rs 52,000 crore in 2011-12 ...
RBI may cut interest rate only in January: PMEAC Chairman C RangarajanPMEAC Chairman C Rangarajan today said the central bank may cut interest rate only in January as inflation is unlikely to decline soon.
Need 9% growth for per capita income of about $10k: PMEAC chairman C RangarajanIndia's per capita income can reach levels of $8k-10k by 2025 from the present $1600 if the economy grows at 9% annually, Rangarajan said.
- Limited scope for fiscal stimulus: C Rangarajan
Amid India Inc demand of booster dose, PMEAC Chairman C Rangarajan today said the scope for fiscal stimulus is limited in view of high defi...
- Gold imports may decline to $38 billion in FY'13: PMEAC
India's gold import may decline sharply to $38 billion in 2012-13 on back of improved economic situation, PMEAC said.
- Industrial output will pick up in remaining months: Rangarajan
Buoyed by a sharp rebound in factory output in November, Rangarajan today exuded confidence that industrial production will pick up in the ...
- PMEAC Chairman C Rangarajan favours decontrol of diesel prices
PMEAC Chairman C Rangarajan today pitched for freeing diesel prices but suggested that it should be done when inflation starts declining.
- No moderation in inflation for RBI to change policy: PMEAC chairman C Rangarajan
Citing near double-digit inflation, PMEAC said there is no sign of moderation in rate of price rise to prompt RBI to change its policy of m...
- Inflation to remain at 9 per cent till October: PMEAC
The manufacturing items have a share of over 65 per cent in the Wholesale Price Index (WPI) basket.
- Economy likely to grow by 8.5% in FY12: PMEAC
PMEAC Chairman C Rangarajan said India's economic growth in the 2011-12 fiscal is likely to be about 8.5%, lower than the Budget projection.
- Govt, RBI should take steps to tame inflation: PMEAC
Warning the inflation is at "uncomfortably high" level, the Prime Minister's Economic Advisory Council (PMEAC) said the Government and the ...
- PMEAC chairman backs regulators' autonomy
The country's central bank has now found a strong backer in C Rangarajan, himself a former governor of RBI and an influential advisor to PM...
- Economic growth to slow down to 7 pc this fiscal: PMEAC chief
Chairman of the Prime Minister's Economic Advisory Council Suresh Tendulkar on Saturday said he expects India's GDP to grow this fiscal by ...
- Ease ECB norms to arrest decline in capital inflows: PMEAC
Projecting 34 per cent decline in foreign capital inflows due to uncertain external environment, the PM's PMEAC on Wednesday made a strong ...